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Dec 28, 2012
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we have debt that's being issued by governments, by corporations. will we need a capital markets business? even though the capital markets businesses aren't beating their cost of capital right now what we're seeing is we're seeing compensation levels coming down, increasing the margins in it. we're seeing inventory levels come in. that means that the amount of capital that they're putting, that they have there is dropping, which of course would be an improvement in roes. all of this leads to a world of sort of a repricing of the capital markets. wider bid offers treads, less tratding volume, less risk taken but will there be a capital markets business? the answer is yes. unfortunately right now the issue we have is the fiscal cliff which makes everything uncertain at least through march. a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an enviro
we have debt that's being issued by governments, by corporations. will we need a capital markets business? even though the capital markets businesses aren't beating their cost of capital right now what we're seeing is we're seeing compensation levels coming down, increasing the margins in it. we're seeing inventory levels come in. that means that the amount of capital that they're putting, that they have there is dropping, which of course would be an improvement in roes. all of this leads to a...
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Dec 22, 2012
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why hasn't the government shut it down? just tell the justice department if the ceo wants to stop him from attacking his company, why not sue him? more important though, i don't care who is right. i care about you not losing money. battlegrounds like this one must abe voided because facts stop mattering and emotions take over. three stories. three battlegrounds. run from and not to the battlefield. you'll be a heck of a lot safer and wealthier if you do. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. [ maplays a key role resethroughout our lives.alth one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to sup
why hasn't the government shut it down? just tell the justice department if the ceo wants to stop him from attacking his company, why not sue him? more important though, i don't care who is right. i care about you not losing money. battlegrounds like this one must abe voided because facts stop mattering and emotions take over. three stories. three battlegrounds. run from and not to the battlefield. you'll be a heck of a lot safer and wealthier if you do. customer erin swenson bought from us...
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Dec 26, 2012
12/12
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govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> a huge storm spanning frlgts midwest to the east coast is dumping plenty of snow and rain across the nation. dr. greg postell from the weather channel has more on exactly what's going on. over to you. >> thanks, the snow storm is beginning to wind down across parts of the midwest. parts of ohio, really, the know is almost over. they have received in parts o
govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to...
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Dec 27, 2012
12/12
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government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal
government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens...
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Dec 28, 2012
12/12
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you have forest service, 30% of the land is owned by the federal government. so there's a lot of federal dollars that come to montana. that's part of the system. >> what would be the economic impact, going back to what the farmer was telling us about the situation, if estate taxes go up 55%. we're going to see farmers cutting back on the size of their farms, some may even go out of business. what's the economic impact and how can you mitigate that, governor? >> the difficulty here is over the long-term. naturally, sometime during january if we go over the cliff which is more of a hill, these congressmen will come to their senses. they've gone completely crazy and apparently if you vote for something on december tlonl, then it's okay with grover nor quist and if it's after december 31st, it's something else. look, a pledge is one thing, but look right now we've been spending money on a credit card nationally for the last ten years without paying for it. both parties have been doing it. it's time to pay down. spend less and we have to raise more money. >> that's
you have forest service, 30% of the land is owned by the federal government. so there's a lot of federal dollars that come to montana. that's part of the system. >> what would be the economic impact, going back to what the farmer was telling us about the situation, if estate taxes go up 55%. we're going to see farmers cutting back on the size of their farms, some may even go out of business. what's the economic impact and how can you mitigate that, governor? >> the difficulty here...
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Dec 27, 2012
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we fall off the cliff, the fear is that we fall off the cliff, not slowly glide down the cliffch the government at this point needs to understand that we should be able to trust you to do the right thing, put politics aside and think about us, the people that's why we have government. fix it. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to tr
we fall off the cliff, the fear is that we fall off the cliff, not slowly glide down the cliffch the government at this point needs to understand that we should be able to trust you to do the right thing, put politics aside and think about us, the people that's why we have government. fix it. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a...
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Dec 26, 2012
12/12
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you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really impact what's going on with the yen. >> well, they've made it clear that that's what they intend to do. they're going to take rates to negative numbers over there, mel, before it's done. they have choice and that's what's going to end up happening. they have the exporters with them, at their back, to help them along the line. and you have, i think, a failing demographic circumstances. there's nothing they can do to help the economy itself, other than to help exports. there's nothing they're going to do to help the consumers, who are falling in numbers. they have to continue to export goods and services ou
you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really...
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Dec 26, 2012
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that's why we have to slash government spending. the nation is broke. >> but peter, peter, michael farr, while we need this reduction in spending and i'm totally with you, we don't need this ham-handed kind of blunt instrument approach to figuring out the solutions to these problems. i mean, these guys have had all the time in the world to come up with the simpson-bowles and they just refuse to take responsible action. >> but they're not going to do that. it's funny, people talk about we need a solution that avoids the fiscal cliff but that solves our long-term problems. these things are mutually exclusive. we can't solve our problems without going over a cliff. the problem is the cliff is too small to actually solve the problem. it needs to be much bigger. [ speaking simultaneously ] >> how much confidence would, let's say we go over the cliff and we cut spending, we raise taxes, and the fiscal situation, albeit through a short recession, helps the fiscal long-term situation of america. how much confidence could that add to many pe
that's why we have to slash government spending. the nation is broke. >> but peter, peter, michael farr, while we need this reduction in spending and i'm totally with you, we don't need this ham-handed kind of blunt instrument approach to figuring out the solutions to these problems. i mean, these guys have had all the time in the world to come up with the simpson-bowles and they just refuse to take responsible action. >> but they're not going to do that. it's funny, people talk...
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Dec 26, 2012
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government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008 when the gses were put in the conservatorship and then treasury secretary paulson said the following quote. i attribute the need for today's action, talking about conservatorship, primarily to the inherent conflict and flawed business model embedded in the gse government sponsored enterprise structure and to the ongoing housing correction. well, first of all, how many experts have we had on lately that have said housing is doing much better. today's kate shiler seems to
government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing...
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Dec 24, 2012
12/12
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that's governing from fear. as opposed to governing from leadership. and somebody else on a show one day said a lot of these republicans really believe, this is what they really, really believe in. that's great. but at some point one side or the other, and in fact both, are going to have to give a little. >> kiki, i would be -- i would think you would be sensitive to talking about leadership. i mean, when you say that, you don't hear irony? that's the -- maybe it's just the other side, the republicans talking about president obama, but, you in the last six, the last five years, have you seen a president that comes together and leads both? >> yeah. >> you have? >> have you, tony? >> i've seen a president who went out and campaigned on a certain series of things that he believed were important for the country and that he wanted to do, and he went and he pursued them. and that's leadership. >> he's pursuing them. but i think everybody's pursuing what they have to pursue. you've been listening to us for the last few months. i think we've been saying that t
that's governing from fear. as opposed to governing from leadership. and somebody else on a show one day said a lot of these republicans really believe, this is what they really, really believe in. that's great. but at some point one side or the other, and in fact both, are going to have to give a little. >> kiki, i would be -- i would think you would be sensitive to talking about leadership. i mean, when you say that, you don't hear irony? that's the -- maybe it's just the other side,...
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Dec 26, 2012
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the reductions in spending over time can happen over time, the way our government keeps track is over a decade. >> right. >> so we don't need to do it all today, and as far as higher taxes go, there's a group of people who will sign this pledge not to raise taxes, and, you know, more than two-thirds are millionaires who said, you know what, we'll pay more taxes because in the end analysis, the investment we would make in paying more in taxes to get the economy going will return in wealth very quickly if we get the economy back to where it should be. >> there's a very good article on cnbc.com about the possibility that congress might decide to start tax is employer-sponsored health insurance. do you think that's a possibility, and what impact would that have on you? >> everything needs to be on the table. if we're going to have a good solution that gets at our deficit and reduce our debt everything has to be on the table and we'll deal with it. it's great to have rules. we just like to know what they are so we can make the right investments moving forward. >> even if it puts us in a cl
the reductions in spending over time can happen over time, the way our government keeps track is over a decade. >> right. >> so we don't need to do it all today, and as far as higher taxes go, there's a group of people who will sign this pledge not to raise taxes, and, you know, more than two-thirds are millionaires who said, you know what, we'll pay more taxes because in the end analysis, the investment we would make in paying more in taxes to get the economy going will return in...
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Dec 28, 2012
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if there's a cut in government spending, where is the lift coming from, consumers, investment? therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick the can down the road much like they do in europe and get your mild positive reaction going into the jobs data on friday. >> do you think we get a definitive move in this market one way or the other with some announcement out of washington, or is this market just so tired of all of the developments there? what do you think? >> well, there's still a risk-on trend, and if they kick the can down the road or actually come to some kind of compromise, that trend is intact, and you'll see going into the first few months of the year i believe very positive price action for all the equity indexs? >> what now, rick
if there's a cut in government spending, where is the lift coming from, consumers, investment? therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick...
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Dec 22, 2012
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how is your party going to get out from under that label that they're still the party of big government. >> well, a couple things. first of all, remember that in the aftermath of this election, the president's message has resinated with the american people and the ability of republicans in congress, a more fundamental problem the republicans have in that the party, half of -- most of -- the fight is within the republican party, which makes it very hard for them to get out a message. my point being, as democrats, you almost just have to stand back and let the chaos speak for itself on the republican side. i think that what you'll see from democrats is, you know, you'll continue to hear the language that, you know, everybody's open to having a conversation, a balanced approach and all of that, but again, at the end of the day, i think part of the challenge that the republicans continue to have is there's not one message. not a unified message. and this debacle that we've just saw, you know, last night doesn't do much to instill much confidence that boehner himself can actually drive a mes
how is your party going to get out from under that label that they're still the party of big government. >> well, a couple things. first of all, remember that in the aftermath of this election, the president's message has resinated with the american people and the ability of republicans in congress, a more fundamental problem the republicans have in that the party, half of -- most of -- the fight is within the republican party, which makes it very hard for them to get out a message. my...
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Dec 27, 2012
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but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a game changer. >> in terms of what? >> that may ultimately change some of the derivative stuff, what you think the impact of both -- >> we've talked about this. volcker has taken a lot of liquidity out of the market just in terms of -- >> but none of this is on the books. nobody's actually -- it's not there yet. >> the behavioral changes have already come because the lawyers have told the banks you have to live with the volcker rule. they've already done it. my big fear, though, is that the conservatives are trying to winnow down fannie, fred
but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a...
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Dec 29, 2012
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the amendment which had govern the a lot of u.s.-russian/soviet relations going back to the 1970s had to be replaced. it was replaced in congress by the act which set russia's worst human viets violators there should be consequences when it comes to getting visas. vladimir mute indecided to lash out to the united states by pointing a figurative rifle at the head of russia's orphans. >> we improve russia's trade relation with us, officially and then he gets upset because buried within there is a little clause that says, as you point out, the worst human rights violators should have trouble getting into the united states. how far should we go, throw, right? i brought this up last night and i'll bring it up again with you. in the united states we believe that people all over the world have certain rights regardless of geography, regardless of ethnicity, regardless of religion. they are inalienable and it is unfathomable to us that there are parts of the world where they don't believe that. it's amazing, but true. how far do we go in pu
the amendment which had govern the a lot of u.s.-russian/soviet relations going back to the 1970s had to be replaced. it was replaced in congress by the act which set russia's worst human viets violators there should be consequences when it comes to getting visas. vladimir mute indecided to lash out to the united states by pointing a figurative rifle at the head of russia's orphans. >> we improve russia's trade relation with us, officially and then he gets upset because buried within...
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Dec 28, 2012
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was a tremendous emotional response and the guns were banned and those people who owned them and the government knew where they were because they were all registered were required to hand them in even the target shooting olympic team was not allowed to keep guns in the country and they had to practice and keep their guns abroad, but nonetheless, within the decade of guns being withdrawn from these people gun crime with handguns actually doubled and guns are really are awash on the streets and there's a fair amount of street crime using handguns which there hadn't been much of before, and it's beyond which was something that traditionally they never were. so it hasn't worked and what it has done and it's taken the guns away from the law-abiding people that might have used them to protect themselves or to do something else with legitimately. >> what do you say to people who look at united states and say, wow! random mass murderers -- i heard it today. random mass murders in the united states where some whacko killed a bunch of people he doesn't know seems to happen every six months in the united
was a tremendous emotional response and the guns were banned and those people who owned them and the government knew where they were because they were all registered were required to hand them in even the target shooting olympic team was not allowed to keep guns in the country and they had to practice and keep their guns abroad, but nonetheless, within the decade of guns being withdrawn from these people gun crime with handguns actually doubled and guns are really are awash on the streets and...
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Dec 28, 2012
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that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on the floor during the 2001 tax bill and said our job is to raise taxes when they need to be raised and lower them when they need to be lowered. that's the senate and the house's job. >> but, one man's -- is another man's -- if you look at the laugher curve you don't know when to raise and when to lower at this point. >> president obama kept bush's taxes in for two years. >> i know. >> but suddenly, you know, democrats like you love the 98%, and you hate the 2%. it's very weird. >> tell him, joe. >> don't hate the 2%. i'm not a self-loathing hater. i don't hate the 2%. >> hey, joe, before we go, you mentioned -- you heard jimmy talking about the decider. that made me think of 4-3. but my heart and mind are with 41 and you worked for him. do you know anything? >> nothing new. we're just keeping him in our prayers.
that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on the floor during the 2001 tax bill and said our job is to raise taxes when they need to be raised and lower them when they need to be lowered. that's the senate and the house's job. >> but, one man's -- is another man's -- if you look at the laugher curve you don't know when to...
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Dec 26, 2012
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the government, easy. let's put it off. it's not their money. they don't feel the same intensity handicapping whether something should continue or not. these are things we need to grapple with. if we just have rigid ideologicallies, under no condition go over the cliff we become another aspect of the propaganda i'm so sick of that reached its crescendo at midnight november 5th. >> the way i think future generations, if i were to write an economics book, the way that fracking and horizontal drilling, we start with, you know, the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spen
the government, easy. let's put it off. it's not their money. they don't feel the same intensity handicapping whether something should continue or not. these are things we need to grapple with. if we just have rigid ideologicallies, under no condition go over the cliff we become another aspect of the propaganda i'm so sick of that reached its crescendo at midnight november 5th. >> the way i think future generations, if i were to write an economics book, the way that fracking and...
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Dec 27, 2012
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to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimulus policy. the yen is sitting closes to the lowest level since september 2010 against the dollar. interesting here because now a lot of people are saying the best or the hottest trade in 2013 will, in fact, be long japanese stocks
to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top...
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Dec 24, 2012
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>> well, this is a disaster for state and local units of government. the first order of effect is that the cost of infrastructure becomes much, much higher. costs of financing go up. the availability of investors declines. interest rates rise for municipal issuers. and so what happens to all that higher tax-exempt interest cost that issuers have to bear? it's ultimately borne by the taxpayer themselves. so really, this is just a transference of the taxes and subsidy back onto the shoulders of the regular property tax and income taxpayer at the local level. >> wow. a lot to keep track of. chris, thanks for giving us your thoughts this morning. >> thank yhankery much. >>> gas prices at the lowest level we've seen in more than a year. what does 2013 hold for energy. find out after the break. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your
>> well, this is a disaster for state and local units of government. the first order of effect is that the cost of infrastructure becomes much, much higher. costs of financing go up. the availability of investors declines. interest rates rise for municipal issuers. and so what happens to all that higher tax-exempt interest cost that issuers have to bear? it's ultimately borne by the taxpayer themselves. so really, this is just a transference of the taxes and subsidy back onto the...
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Dec 23, 2012
12/12
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rebels have been fighting the government of president assad for 21 months. south korean officials say the rocket launched by north korea earlier this month shows the reclusive nation has developed the technology to fire a warhead capable of reaching the united states. despite international condemnation the launch seen as a boost to the credibility of north korea's new leader jim kim jong-un. monti credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi. monti's resignation sparked concern italy may slip back into a recession. president obama and member hers of the senate will gather today to say good-bye to
rebels have been fighting the government of president assad for 21 months. south korean officials say the rocket launched by north korea earlier this month shows the reclusive nation has developed the technology to fire a warhead capable of reaching the united states. despite international condemnation the launch seen as a boost to the credibility of north korea's new leader jim kim jong-un. monti credited with saving italy from a financial meltdown after stepping into the prime minister's role...
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. >> i would bet on a lot more indebtedness by the federal government. i would also add a prayer that the republicans and democrats will work together to avoid that. we've just got to get together. disaster is not red or blue. it's got to be american. and we don't want it. >> and we don't want to cash in our chips but that's the final hand. our thanks to all of our guests for being here and to you for watching. on behalf of all the folks at "a.c. 360" and cnn, i'm tom foreman wishing you all the best and none of the worst in 2013. >> tonight, finding faith and purpose this holiday season. >> we need good news. >> people say, i fell out of love. well, that is your voice. >> what america needs now. >> the good life isn't good enough. what you need is the better life. >> the issues that matter. >> you know why we have to change the constitution? it is a flawed document, it was made by men. good evening and happy holidays and welcome to the special. joining me, rick warren. the questions of of church and state and much more. the author "the purpose driven li
. >> i would bet on a lot more indebtedness by the federal government. i would also add a prayer that the republicans and democrats will work together to avoid that. we've just got to get together. disaster is not red or blue. it's got to be american. and we don't want it. >> and we don't want to cash in our chips but that's the final hand. our thanks to all of our guests for being here and to you for watching. on behalf of all the folks at "a.c. 360" and cnn, i'm tom...
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Dec 29, 2012
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or government. let's talk about a couple of things, the whole idea that tax rates on everyone will go up. does the irs or the treasury department have the ability to sort of say look, here is some guidance? keep withholding where it is? >> well, the irs is in turmoil right now. they don't know what to do. they're putting out kind of mixed signals about whether they can get the tax forms done. whether they can advise businesses what to do. now i do think, the people that are really worried, the middle class people worried about their taxes going up. i do think if we get it solved in the next few days, there is a chance we get a resolution on this, december 31st. but if we don't, i think sometime in january there will be a resolution. and i think what republicans said, i think even the president will go along with this, whatever we decide to do let's make the tax cuts retroactive so the people don't face those giant tax cuts. >> what does it look like in january? >> you could have the additional money
or government. let's talk about a couple of things, the whole idea that tax rates on everyone will go up. does the irs or the treasury department have the ability to sort of say look, here is some guidance? keep withholding where it is? >> well, the irs is in turmoil right now. they don't know what to do. they're putting out kind of mixed signals about whether they can get the tax forms done. whether they can advise businesses what to do. now i do think, the people that are really...
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. >> and can government and society take actions to prevent another shooting? back in january, 2011, 33% said yes, now that is up to 46%. so there is clearly a desire, maybe the aftermath of the past few days, a desire for the government to really step up. >> yes, wolf, i think absolutely, this is the time. i saw a commentary, please let's back off and let the families mourn. no, that is wrong, the families need us to take action on this, so the loved ones should not have died in veiain, our sentiments, to gather, as i keep telling everybody, making a difference, service, faith, connection to other people. that is going to get us through. and here, now is an opportunity for us all to gather as a community and make a difference. >> six years ago, one father shared with me the wrenching loss of his daughter in the virginia tech massacre. now he has some advice for the parents of the children killed in newtown. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not
. >> and can government and society take actions to prevent another shooting? back in january, 2011, 33% said yes, now that is up to 46%. so there is clearly a desire, maybe the aftermath of the past few days, a desire for the government to really step up. >> yes, wolf, i think absolutely, this is the time. i saw a commentary, please let's back off and let the families mourn. no, that is wrong, the families need us to take action on this, so the loved ones should not have died in...
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. >> we have three different chambers -- three different areas of government. there's a lot that the executive branch can do. there's a lot of leadership that president obama can provide that he's not provided on this issue. and there's a lot of hearts and minds that have to change in congress. a lot of them republican, and also some democrats. i think it's up to us as citizens if we want to see changes happen, to take off the party label and demand it of our elected officials. a lot of times politicians act because the citizens are demanding it and crying out for it. that's what has to happen on this issue. we have to lead and they will follow. >> i always say our democratic issue -- and it is, it's going to take all of us to do it. and we have to take the politics out of it. lz, i'll give you the last word. go ahead and go on as long as you want. sorry i cut you off. >> what she described is a microcosm of what's wrong in washington. our elected officials and the president are supposed to be defenders of the second amendment. there's defenders of the constitu
. >> we have three different chambers -- three different areas of government. there's a lot that the executive branch can do. there's a lot of leadership that president obama can provide that he's not provided on this issue. and there's a lot of hearts and minds that have to change in congress. a lot of them republican, and also some democrats. i think it's up to us as citizens if we want to see changes happen, to take off the party label and demand it of our elected officials. a lot of...
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the government. the government is sig bbigger, unless we do something it will get bigger and the deficit will get bigger even if we raise taxes on everybody. we still have a huge deficit. if we do not take on spending, then the cliff may not seem like a cliff but will be a downward slide to make us like greece. no lodnger a viable economic power. >> hang on. we'll continue this. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do something about it? why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiot
the government. the government is sig bbigger, unless we do something it will get bigger and the deficit will get bigger even if we raise taxes on everybody. we still have a huge deficit. if we do not take on spending, then the cliff may not seem like a cliff but will be a downward slide to make us like greece. no lodnger a viable economic power. >> hang on. we'll continue this. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi...
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Dec 27, 2012
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i think the government should have stayed in place and kept working on it. as a freshman member of the congress, i don't have the pull or the power to say when we're going to be there, when we're not but i will say this, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said we believe strongly a reasonable package can get majorities in both houses. the only thing that would prevent it is if speaker mcconnell and speaker boehner don't cooperate. do you think mcconnell and boehner are in the mood to cooperate with president obama? >> i do believe they're in a mood to cooperate. they've talked -- and speaker boehner's talked for a long time about a grand bargain, about a big deal, about trying to find some major solution going forward. but the senate hasn't acted on anything, so i think we have to be careful on just placing the blame on mcconnell
i think the government should have stayed in place and kept working on it. as a freshman member of the congress, i don't have the pull or the power to say when we're going to be there, when we're not but i will say this, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said...
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. >> i would bet on a lot more indebtedness by the federal government, and i would also add a prayer that the democrats and republicans would work together to avoid that. we have just got to get together. disaster is not red or blue. it's going to be american, and we don't want it. >> and we don't want to cash in our chips, but that's the final hand. our thanks to all of our guests for being here and to you for watching. on behalf of all the folks at "ac 360" and cnn, i'm tom foreman wishing you all of the best and none of the worst in 2013. >> hello. this is cnn's top ten of twenty twelve. this hour we look at the stories that captured our attention. what we see as the biggest stories around the world. crime, money, weather, and even the biggest scandals. and the big reveal of the most intriguing people of the year as chosen by you. we begin with a topic that dominated our coverage for most of the year. here is candy croley with the top ten political stories. >> picking the top ten moments of an election year is like finding your favorite grain of sand on the beach. there are an imp
. >> i would bet on a lot more indebtedness by the federal government, and i would also add a prayer that the democrats and republicans would work together to avoid that. we have just got to get together. disaster is not red or blue. it's going to be american, and we don't want it. >> and we don't want to cash in our chips, but that's the final hand. our thanks to all of our guests for being here and to you for watching. on behalf of all the folks at "ac 360" and cnn, i'm...
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Dec 27, 2012
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that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect against future disasters. the solution should be simple, cut the pork and keep the relief on track. but if republicans and democrats can't agree on disaster relief how can they find common ground on entitlement reform and tax reform and avoiding the fiscal cliff. it's a reminder of the division and disfunction in d.c. the crippling disconnect from the common sense concerns of the american public. piers morgan is next. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound d
that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect...
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i've been through a lot of stuff with the federal government back in the '80s, the whole steroid controversy, divorce, i've been through so much stuff, but never have i ever been this embarrassed and never has my world been turned upside down in such a fashion. and without knowledge that someone would set a camera up. admitted, hey, i did that. >> coming up, the biggest names in music, whitney houston and dick clark. >> this is the beaver that bit your hand. >> this isn't is same beaver, but this is the one that did it. exactly like this. >> did you ever touch a beaver? >> no. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wil
i've been through a lot of stuff with the federal government back in the '80s, the whole steroid controversy, divorce, i've been through so much stuff, but never have i ever been this embarrassed and never has my world been turned upside down in such a fashion. and without knowledge that someone would set a camera up. admitted, hey, i did that. >> coming up, the biggest names in music, whitney houston and dick clark. >> this is the beaver that bit your hand. >> this isn't is...
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the syrian government denies having done so. yesterday the very next day in homs province we hear of another bakery under attack. women and children were killed in that attack. terrible news. all playing out against the back drop of more diplomacy. people trying to come to some sort of solution there. it hasn't happen. there is fear more of these attacks will happen in the days and months to come. >> i am assuming the government does have some ability to be able to tell whether or not these are rebel groups or if these are women and children who are simply lined up to get bread. that sounds like an explanation that people really are not buying there. is that accurate, fair to say? >> absolutely. very different narratives we hear from different groups on the ground. the syrian government maintains that these attacks are the works of terrorists. this is how they fall, opposition fighters. the term they use, they call them terrorists. the opposition actors, rebel sir free army, say no this is the government targeting civilians in a
the syrian government denies having done so. yesterday the very next day in homs province we hear of another bakery under attack. women and children were killed in that attack. terrible news. all playing out against the back drop of more diplomacy. people trying to come to some sort of solution there. it hasn't happen. there is fear more of these attacks will happen in the days and months to come. >> i am assuming the government does have some ability to be able to tell whether or not...
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government bonds because we'll be out of the debt situation. 've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. duracell with duralock. progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any
government bonds because we'll be out of the debt situation. 've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. duracell with...
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i'll tell you it's not a philosophical disagreement, it's a crisis of self-government. >>> a disturbing story out of new york tonight next. police are looking for a young woman who allegedly pushes a man onto the subway tracks when a train was approaching the station in queens. police have just identified the man as 46-year-old suendo sen of queens, new york. this is the second time in a month a passenger was pushed to his death in front of a train. it's raising some serious questions about the safety of the nation's largest subway system. >> it was -- it was horrible. horrible. it echoed through the bottom. i never want to hear something like that again. >> reporter: this man heard the final scream of the victim. james callanan's train was halted because of the incident. >> they said that this is the last stop on the 7 train. debris fell on the tracks. that's all they were telling people. >> reporter: witnesses say the victim was standing on the edge of this subway platform in queens when a woman who was pacing and talking to herself pushed him onto the tracks. the victim was a graphic
i'll tell you it's not a philosophical disagreement, it's a crisis of self-government. >>> a disturbing story out of new york tonight next. police are looking for a young woman who allegedly pushes a man onto the subway tracks when a train was approaching the station in queens. police have just identified the man as 46-year-old suendo sen of queens, new york. this is the second time in a month a passenger was pushed to his death in front of a train. it's raising some serious questions...
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you're talking about 8 days of funding for the united states government. >> right. >> medicare -- >> when spending comes in. >> we have a medicare program where people are paying one third of the cost and 20 million more americans will be on it the next ten years and we have yet to deal with that. >> one other thing that the president said during this interview. he was asked about chuck hagel used to be a republican senator, his name has surfaced as a possible secretary of defense. there have been complaints about him, about some votes he made, vis-a-vis iran and comments he made about gays and some other things he said about israel and here was the question from david gregory. . >> do you think disqualify him? >> not that i see. i've served with chuck hagel. i know him. he's a patriot. somebody who has done extraordinary work both in the united states senate, somebody who served this country with valor in vietnam. and is somebody who's currently serving on my advisory board and doing an outstanding job. >> do you have any problems with senator hagel? >> i thought susan rice was goin
you're talking about 8 days of funding for the united states government. >> right. >> medicare -- >> when spending comes in. >> we have a medicare program where people are paying one third of the cost and 20 million more americans will be on it the next ten years and we have yet to deal with that. >> one other thing that the president said during this interview. he was asked about chuck hagel used to be a republican senator, his name has surfaced as a possible...
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it was a rural existence, governed by the rituals of jewish life, and by roman soldiers in the nearby city of sepphoris, a frequent target of jewish rebels. according to journalist lesley hazelton, author of "mary: a flesh and blood biography of the virgin mother," mary was not just an observer, but directly involved in the politics of her time. >> there's no doubt in my mind that she -- because she knew the ins and outs and all the side roads of the hills, where the caves were, where you could hide, where you could safely go and nobody could track you, even at night without a moon, especially on moonless nights -- she would have been used to, and she would have wanted , guide rebels who were fleeing from the military to safety. rather like a kind of underground railroad. >> the virgin mary as the princess leia of her day, defending the rebels against the evil empire? perhaps. until the 13-year-old mary, who was not yet married to joseph, got some news from an angel that she was pregnant. and the father was god. >> imagine a jewish girl in this era going to their mother and father and
it was a rural existence, governed by the rituals of jewish life, and by roman soldiers in the nearby city of sepphoris, a frequent target of jewish rebels. according to journalist lesley hazelton, author of "mary: a flesh and blood biography of the virgin mother," mary was not just an observer, but directly involved in the politics of her time. >> there's no doubt in my mind that she -- because she knew the ins and outs and all the side roads of the hills, where the caves were,...
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he heads an entirely separate branch of government with an altogether different purpose. i think we need to go back to the way the government was designed to operate, and that is the deliberative function, in the legislative branch, both the house and the senate, acting independently. and then resolving their differences through conference. that process works, it works very well. this business of a couple of legislative leaders and the president going behind closed doors, coming up with some clever scheme, and then dropping it in the laps of the congress for a take it or leave it vote produces bad policy. in fact, bad process always produces bad policy, and that's what we're seeing. >> congressman, we've been seeing virtually no progress to date, but i hope folks have your optimism about not going over the cliff because of the disastrous implications. congressman mcclintock, thanks for coming on. >>> chuck hagel hasn't even been formally nominated to be the next defense secretary, and he's already taking right hooks from members of his own party, but do the attacks add up
he heads an entirely separate branch of government with an altogether different purpose. i think we need to go back to the way the government was designed to operate, and that is the deliberative function, in the legislative branch, both the house and the senate, acting independently. and then resolving their differences through conference. that process works, it works very well. this business of a couple of legislative leaders and the president going behind closed doors, coming up with some...
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and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest information about this crisis. >> all right. elise, thank you very much. appreciate it. >>> americans whose adoptions are in imbow are very worried. they're even desperate for information. i want to talk to a family via skype. this is from dover, new jersey. this is jenny and josh johnston. they are in the process of adopting a child from russia. thank you very much for joining us here. i can only imagine -- i can't really imagine what you are going through here. the two of you already have three children, one of them adopted from ethio
and russia in november governing u.s. adoptions to russia, putting out responsibilities for both sides. so what they're saying is, let's please stick to that agreement. they're in close touch with those families, and they're hoping that at least these 50 or some odd cases should be resolved. they're asking parents that are in the pipeline, stay in touch with your adoption agency and also look at adoption.state.gov. we'll put that on our website. that's where parents can get the very latest...
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now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. westchester, connecticut, is involved and they're having the community help where the money goes. you have save the children, a whole lot of organizations out there that have a track record, a reputation. they do wonderful work. don't despair. please just do a little research and don't just give on impulse. >> all right, ken berger, appreciate your time tonight. thank you. >> sure. >> and just a note from a local official in newtown. she said the town has received so many gifts since the tragedy that the post office and local workers can't even handle the volume anymore. she's actually asking people to stop
now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. westchester, connecticut, is involved and...
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governments cut social programs to save money. it was meant to help and hurt by spreading the recession. here's richard quest in london. >> reporter: suzanne, the story of europe in 2012 was very much the austerity, the gut-wrenching, grinding austerity. some countries like greece faced multi-year recession and slowdown, unemployment at over 25%, youth unemployment over 50%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more aust
governments cut social programs to save money. it was meant to help and hurt by spreading the recession. here's richard quest in london. >> reporter: suzanne, the story of europe in 2012 was very much the austerity, the gut-wrenching, grinding austerity. some countries like greece faced multi-year recession and slowdown, unemployment at over 25%, youth unemployment over 50%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as...
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pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit downgrade for the u.s. and a huge selloff for the market. the thing is, suzanne, it could come down to the wire once again, yet another nail-biter. suzanne? >> a >>al >> alison, it could cause a ripple effect. >> yeah, but the markets won't take that well. it's more of the saving kick the can down the road. if there's band-aid measure that goes in, that's not what the market is going to necessarily see. they want to see something stronger with the if is cal cliff and the debt ceiling as well and it seems that everything is sort of being held hostage in the whole fiscal cliff discussions and the debt ceiling has become part of that as well. suzanne. >> the president is saying he's not going to allow that to happen. there are other headlines we're keeping our eye on for this thursday. others f
pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit downgrade for the u.s. and a huge selloff for the market. the thing is, suzanne, it could come down to the wire once again, yet another nail-biter. suzanne? >> a >>al >> alison, it could cause a ripple effect. >> yeah, but the markets...
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difference in turning what was the whole greco-roman world into christian was essentially the roman government decision. that is to say, christianity was spreading, and it was getting bigger and bigger. but without that decision on constantine's part, what we know of as christianity as a world religion, probably wouldn't have taken place. >> in the end the story must always return to the beginning, to a single man from the galilee. and a message so powerful that it moved his unlikely disciples to great things. >> it's sometimes suggested that a group of fishermen from the galilee would be incapable of establishing a worldwide religion, but that's simply our own modern skepticism. i mean, after all, abraham, a single man, managed to do so and mohammed, a single individual, managed to do so. the human spirit is remarkable if people simply put their mind to accomplishing what they feel god calls them to do. >> whatever accounts for christianity's success, the debates over what the faith in jesus is and what organized religion should be are far from settled. >> in the beginning of christianity the
difference in turning what was the whole greco-roman world into christian was essentially the roman government decision. that is to say, christianity was spreading, and it was getting bigger and bigger. but without that decision on constantine's part, what we know of as christianity as a world religion, probably wouldn't have taken place. >> in the end the story must always return to the beginning, to a single man from the galilee. and a message so powerful that it moved his unlikely...
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there are 47% of people who are with him, who are depend upon the government, who think they're victims. >> romney calmed his remarks wrong. they also caused the deepest self-inflicted wound of the election. on the flipside -- >> the next vice president of the united states. >> romney's v.p. day may have been the best moment of his campaign. the selection of paul ryan excited conservatives in a way romney himself had not. how many moments are there in an hour and a half? the president lost all of them in the first debate. the pictures tell the story of a man who phoned it in. panicking his supporters and providing an opening for romney, and finally, the top three moments of the election best described as history-making politics. a supreme court decision upholding the constitutionality of obama care. and if that doesn't strike you as political, consider what would have happened on the campaign trail if the high court had struck down the president's signature first-term achievement. >> at a certain point, i have just concluded that for me personally it is important for me to go ahead and
there are 47% of people who are with him, who are depend upon the government, who think they're victims. >> romney calmed his remarks wrong. they also caused the deepest self-inflicted wound of the election. on the flipside -- >> the next vice president of the united states. >> romney's v.p. day may have been the best moment of his campaign. the selection of paul ryan excited conservatives in a way romney himself had not. how many moments are there in an hour and a half? the...
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Dec 25, 2012
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now, the syrian government has a very different version of events. they say it was armed terrorists in the town that carried out this attack. armed terrorists is the terminology they use to describe opposition and rebel fighters. the syrian government say the residents of that town called for the military to intervene to go in there and help them and help them secure the area. there's been so much international condemnation about the attack that killed as many as 100 people, maybe more than that. the u.s. state department issued a statement yesterday strongly condemning the syrian government for it. that statement went on to say brutal attacks such as these show that this regime has no future in syria. those that commit acrotrocities will be held accountable. the united states calls on all parties that continue to assist regime next cuting its war against the syrian people to end their support. and it was just the next day, just yesterday, that we started hearing about another horrific attack, this time in homs. we started seeing amateur video postin
now, the syrian government has a very different version of events. they say it was armed terrorists in the town that carried out this attack. armed terrorists is the terminology they use to describe opposition and rebel fighters. the syrian government say the residents of that town called for the military to intervene to go in there and help them and help them secure the area. there's been so much international condemnation about the attack that killed as many as 100 people, maybe more than...
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Dec 24, 2012
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so the government does it to keep dairy farmers in business. here's the thing with this. this dairy subsidy expires on january 1st. so if a new bill is not passed or if the current one is not extended, the formula used to calculate what the government pays reverts back to a statute passed in 1949 which has the government buying milk at a much higher price. the result is $7 a gallon for milk. >> so is there anything we can do? >> there is something you can do. choose to not buy it or suck it up and buy the milk. but here's the thing. it's not just milk. it's anything made with milk. we're talking about cheese and everything else. and farmers are going to reap the rewards with higher profits at first but that wouldn't last long because con soumers will cut back on dairy or find an alternative. it's the reason why it's called the dairy cliff. >> that's drew. i've heard goat milk is good but you can't smell it. >> never tried it. >> maybe some day we'll try it together. alison kosik, thank you so much. >>> wounded veterans work iing through christmas as they recover from inju
so the government does it to keep dairy farmers in business. here's the thing with this. this dairy subsidy expires on january 1st. so if a new bill is not passed or if the current one is not extended, the formula used to calculate what the government pays reverts back to a statute passed in 1949 which has the government buying milk at a much higher price. the result is $7 a gallon for milk. >> so is there anything we can do? >> there is something you can do. choose to not buy it or...
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Dec 25, 2012
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we want to work with the government to bring them all out from the prison, and they deserve a better future. this work is the only thing for me and with your support we can keep going. thank you. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> i was 5 years old when my parents wanted to take me to a water park. i was really excited. but unfortunately i never had swim lessons. but my dad wanted to get on the biggest ride there, and me looking up to him, i wanted to follow suit. i pushed off, but unfortunately when i got to the bottom of the ride i flipped upside down. my mom tells the story best, she heard her only child screaming and having a great time, and then nothing. she pulled herself down, trying to get to me to save me. but unfortunately she was not comfortable in the water either, and she began to drown at the bottom of the pool. my dad had to dive in and got my mom and the lifeguard came
we want to work with the government to bring them all out from the prison, and they deserve a better future. this work is the only thing for me and with your support we can keep going. thank you. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> i was 5 years old when my parents wanted to take me to a...
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Dec 26, 2012
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the government has promised to ban the use of all wild animals in england. >>> how is this? >> not very much to a father. >> free con dms to high schoolers? the city of philadelphia says it's to help stop a health crisis there. but is it just promoting sex? meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all y
the government has promised to ban the use of all wild animals in england. >>> how is this? >> not very much to a father. >> free con dms to high schoolers? the city of philadelphia says it's to help stop a health crisis there. but is it just promoting sex? meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the...